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Ep. 216 - MakerDAO & DAI 101 w/ Rune Christensen

CRYPTO 101

00:00

How to Stabilize a Dye Using Collateral?

To die is the stable coin nots worth one dollar. That's for nobel people to use, right? And you just hold it in your wallet and you send it to your friends. But ultimately, it's all done on the block chain, and it's all fully automatic. So it's permissionless, and it can be used everywhere. It means that you can build on top of it, and actually build fully decentralized applications on top of the system.

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